Richard's Remarks

Dividends don't lie, but with inflation where it is today (I'd say about 4%), dividends don't bring you any inflation-adjusted income. The dividend yield on the Dow is 2.55%, so with inflation at 4%, you're losing money just holding the Dow.

Sadly, the whole world is searching for income and safety, and the fact is that there is no income and there is no ultimate safety. Then how does one build wealth? The Asians know the answer to that -- YOU BUY and HOLD GOLD -- and exercise a lot of patience. Stocks can declare dividends, but they can omit their dividends during hard times. Furthermore, stocks can go broke. But gold represents indestructible wealth. Gold rises in terms of fiat money, and gold declines in terms of fiat money.

Gold possesses some properties that are beyond the scope of other investments. Gold can't go broke, because gold does not derive its ... Log in or subscribe to continue reading.

Premium Content Notification

A subscription is necessary to access premium content.

Please use the button below to subscribe in order to access all premium articles

Log-in

Uh oh! Looks like you have JavaScript disabled. To use all of this site's features you must enable JavaScript! This is just a friendly warning =)

Trial Subscription Sign-up!

Enter your email address below to sign up for a 90-day trial of Dow Theory Letters for only $68!

All information is confidential.

Email address

A Big Thank You

To all our subscribers and partners, we would like to say thank you for your loyal support through the years. We will continue to do everything we can to maximize your experience and enjoyment of our site. If you have any suggestions or would like to provide feedback, please click on the "Contact Us" link to the right.